Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.

Eye Scoop

THE NOSE KNOWS:Though "The Hours " premiere in Los Angeles Thursday night was decidedly glitzy,Nicole Kidma n made a fan of Michael Cunningham ,the Pulitzer Prize-winning author of the novel on which the movie is based,with her unglitzy screen...

THE NOSE KNOWS:Though “The Hours ” premiere in Los Angeles Thursday night was decidedly glitzy,Nicole Kidma n made a fan of Michael Cunningham ,the Pulitzer Prize-winning author of the novel on which the movie is based,with her unglitzy screen persona.”Nicole ’ performance as Virginia Woolf was the biggest surprise,” Cunningham said..”I mean,who knew?I want Nicole to have a career as Nicole,but I want to write more scripts for this other woman in the wig and the nose.”

WWD's Ultimate Holiday Gift Guide is brought to you by @styleontherise and is complete with the perfect presents for everyone on your list. Click the link in our bio to start shopping NOW. #WWDHoliday #Sponsored

@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)

It was a big night for Demna Gvasalia at the Fashion Awards 2016 in London: The designer took home the award for international ready-to-wear designer for his work at @balenciaga, while his brand @vetements_official scooped international urban luxury brand. (📷: @giovanni_giannoni_photo)